Key Takeaways:
Blackrock CIO Rick Rieder said bitcoin is going “considerably higher” on Bloomberg ETF IQ on June 15, 2026.Blackrock just launched the new BITA income ETF on June 16.Rieder holds BTC in his mutual fund but keeps exposure moderate, citing tech and EM debt as competing opportunities.Rieder oversees assets across Blackrock’s fixed income and global allocation strategies. He serves on the firm’s Global Executive Committee and chairs its Investment Council.
What He Said, ExactlyHe added that the fund is “keeping it a pretty moderate exposure, quite frankly,” citing competing opportunities in technology and emerging markets debt as reasons for not increasing allocation.
Where Bitcoin Stands Blackrock Keeps Buying New Income ETF Expands the Product Line What It Means for Traders
